Thando Maeko

Johannesburg, South Africa

Award winning journalist Previously @moneyweb, @mailandguardian, @Powerfm987 Currently: @BDliveSA @BusinessLiveSA [email protected] Let’s talk

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Articles

China-US trade could plunge by 80% this year, WTO warns

1 week ago | businesslive.co.za | Thando Maeko

Trade between the US and China — SA’s two biggest partners — could plunge by as much as 80% this year, the World Trade Organisation has warned, highlighting growing fragmentation that could push countries to align with one of two increasingly isolated economic blocs.
Rise Mzansi hopeful of resolution to scrap VAT hike

1 week ago | businesslive.co.za | Thando Maeko

Rise Mzansi expects that the controversial proposal to raise VAT by 0.5 percentage points will be withdrawn as part of a political resolution to the budget impasse. The expectations were outlined by Rise Mzansi leader Songezo Zibi in submissions to the finance minister, Enoch Godongwana on alternative revenue streams to the consumption tax.
Reserve Bank warns of 0.7% GDP contraction in its worst-case scenario

1 week ago | businesslive.co.za | Jana Marx |Thando Maeko

MARKET WRAP Business Day TV speaks to Makwe Masilela from Makwe Fund Managers Care is needed in reopening inquests into the deaths of anti-apartheid activists to achieve the best results Injuries former ANC leader sustained ‘contradict claim that he may have been hit by a train’ Institute of Race Relations poll shows political fortunes of SA parties will increasingly be determined by ‘bread-and-butter’ issues NEWS LEADER Business Day TV spoke with Chetan Jeeva, head of SA Debt at Absa CIB...
Ramaphosa appoints Mcebisi Jonas as special envoy to the US

1 week ago | businesslive.co.za | Thando Maeko

President Cyril Ramaphosa has appointed MTN board chair Mcebisi Jonas as special envoy to the US, as part of SA’s move to reset its relations that country. Jonas, who has previously served as the deputy finance minister, is “entrusted with the responsibility to advance SA’s diplomatic, trade and bilateral priorities.
Government reviews municipal funding model as R18bn returned to fiscus

1 week ago | businesslive.co.za | Thando Maeko

Analysts expect a 10-15 point increase in hedging if the dollar keeps falling, implying trillions of dollars could be sold in exchange for other currencies
New petroleum SOE begins operations after week’s delay

2 weeks ago | businesslive.co.za | Thando Maeko

SA’s new state-owned petroleum entity, which is merger of three Central Energy Fund (CEF) subsidiaries — iGas, the Strategic Fuel Fund (SFF) and PetroSA — has begun operations a week later than scheduled, after an agreement with organised labour and non-unionised employees of merging entities.
VAT hike will come into effect on May 1 regardless of any deal, EFF says

2 weeks ago | businesslive.co.za | Thando Maeko

The EFF says the 0.5 percentage point increase in VAT will come into effect on May 1 regardless of the 30-day window period that parliament has recommended to the National Treasury to find alternative revenue streams. The non-binding recommendation was brought forward by ActionSA MP Alan Beesley during a meeting between parliament’s two finance committees and was a key component of the last-minute deal struck by ActionSA and the ANC to have the fiscal framework passed...
GNU opens door to new allies in coalition shake-up

2 weeks ago | businesslive.co.za | Hajra Omarjee |Thando Maeko

In a move that could redefine the dynamics of the government of national unity (GNU), leaders of the governing coalition would be required to engage in informal diplomacy to build “sufficient or majority consensus” before presenting matters for final decision-making in parliament or cabinet.
ANC working committee resolves to re-enter GNU talks

2 weeks ago | businesslive.co.za | Thando Maeko

The ANC national working committee (NWC) has decided to re-enter into negotiations with the party’s coalition partners to possibly include parties outside the government of national unity (GNU) that voted to support the passing of the fiscal framework in parliament.
DA’s rejection of fiscal framework sets tone for future laws, Mashatile says

2 weeks ago | businesslive.co.za | Thando Maeko

The bank reported a 6% rise in digitally active retail clients in SA for the year ended December 2024